[Hidden-tech] How do I offer customer financing?

[Jonathon Podolsky]

On Jun 16, 2007, at 12:30 PM, DrFried wrote:

> CareCredit provides this type of service for professional service  
> providers (MD's, DC's, etc).
> Are you not wanting to take the chance at not getting the rest of  
> the money?  I guess what I'm asking is if you can take the 50%  
> deposit, and give terms to it like it being non-refundable except  
> under "x" circumstances, and then have a deadline for the remainder  
> of the money?   Is it that much of a risk to carry the balance?
>
> -Mindi
Thanks for the link.  The problem is I have a lot of ongoing expenses  
so would help my cash flow a lot to get full payment now, especially  
as some of my events will be scheduled 1-2 years out and venues need  
early deposits.  Also there is extra administrative work for  
additional billing, telephone calls, and as you mention some risk of  
not getting all the money.